Q1 FY27 loss at Rs 14 lakh, no revenue; going concern flag
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
By the next day the stock moved 6.4 pts less than Nifty Microcap 250 and 5.4 pts less than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Shree Precoated Steels posted Q1 FY27 loss of Rs 14 lakh versus Rs 12 lakh loss in Q1 FY26. Company reported negligible revenue from operations. Total expenses were Rs 14 lakh. EPS stood at negative 0.34. Networth remains negative at Rs 274 lakh as of March 2026. Auditor V Parekh and Associates flagged material uncertainty on going concern basis citing negative networth and pending indirect tax litigation.
Negative networth and going concern flag raise serious doubts about company viability. High risk stock.